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in here. we need a robust program of renewable energy generation robust local build out program. and as you move forward, please make sure the rates are affordable and competitive with p g and e. that the program includes energy efficiency and build out of local generation and also build out local jobs. i also don't know how much outreach has been done to the local business community. i encourage to you do that. i know the place i work prides itself on being a green company and i think it should be one of the first places you go to and get their buy in and agreement to purchase this locally generated or this local energy program. thank you so much. >> thank you. national next speaker please. >> hello, i'm david mccord. a chair of the club of the san francisco base chapter of energy and climate committee and honored to speak with you today. we want clean power of s f to succeed that creates local jobs. among other cc a's across the country nearly all rates are below the standard rate of the local utility. among the few that are higher, modest premiums are significantly below sta
inhabitants the me troplass never comes to rest and maintains a huge appetite for energy. power is provided primarily by oil and coal imports. they are expensive and lead to energy dependency and pollution. the government wants to change that by investing in green energy. >> we have to use energy more efficiently. and support renewable energy to limit co2 emissions. we want to see 1,000 wind turbines both on land and offshore operating here by 2025. we want to expand sole lar energy. >> taiwan plans to invest more than $15 billion euros in wind power alone. these wind turbines were all manufactured abroad by companies such as german wind power specialist one of the market leaders in taiwan. >> we are now carrying out our yearly maintenance. we thoroughly clean the electronics and then the mechanical parts. the wind from the sea is rough on the turbines. it takes us three or four days. >> at the same time, the latest software is installed to keep the turbines running efficiently. wind power is still in its infancy in taiwan. little more than a splash of green color added to the large scale o
hetchy regional water system. with also generate clean renewable energy for city services like public buses, hospitals, schools, and much more. and finally, we collect and treat all the city's wastewater and stormwater making it safe enough to discharge into the san francisco bay and pacific ocean. >> in 2006 the puc was planning a record number of projects. >> the public utilities commission is a very infrastructure-rich organization. we're out there rebuilding the water system. we've budget working on power generation in the country. we've been doing sewer for the city. we're looking at a brand-new rebuild of all watt systems in san francisco and we haven't had a home that's been other than mental. >> they staff over 900 people. the puc is in two office locations. >> you know, this is such a great place for a building. if the puc owned that building and we could make that the icon i can sustainable building puc represents, wouldn't be a dramatic idea? >> so, one of the major decisions we made was we wanted to make a statement with this building. we wanted this building to be a lead
will be made by our new director kim malcolm. kim comes from a long career working on energy issues both at the california public utilities commission where among other things and relevant to this program she was the administrative law judge who developed rules for this state and also from the non-profit sector she worked on the east bay implementing energy efficiency programs targeting low income customers and disadvantaged residents there as well as the general population and those effort included work force component and these are the kinds of skills that we really need for this next phase. we are implementing and building out. >> hello. i have met with a lot of people and i'm very optimistic . i have a presentation for you today. it's a presentation that i gave the commission on tuesday and i encourage you to interrupt me at any time with questions or comments. i would like to ask how much time are you expecting me to spend? >> i would go ahead and give that presentation to the commission. the purpose of this presentation was to respond to two types of concerns that are related. the
credits. if you choose to have more energy renewable credits the cost would go down. >> we don't see that here? >> no. in the newer slide, if you go from the 5 percent to 85 percent credit mix, you free up $72 million ear year. if you didn't lower the rate. >> you still call these liever in it's decision whether it would be accelerated research recovery, late reduction, local build out or bonding capacity as a combination thereof? >> did i miss anything? >> no. you got it. >> thank you. >>> are you done? >> yes. done. >> i'm done. up for questions. >> we are ready to move on to our fairness board presentation. >> the chair on the fairness board. we are and advisory board. our position is to uphold meetings and rate recommendation. the board has met 9 times this year to discuss these rates. we have had considerable public testimony, testimony from the p u c to come up with some of our recommendation. the back part of our board is made up from customers and various members from departments within city government such as the controller administrator and office of public finances. the
replace them. we have time to do that. >> the building that's two renewable energy generations. wind turbines located on the north facade. two different levels of photo volume takes. >> we have over 600 solar panels and three platforms on the building, and four integrated wind turbines. the wind turbines and the solar panels produce 7% of the building's energy. and we're reducing the use of energy here by 32% in the office building. >> the entire building is controlled by a complex computer system which monitors and adjusts air, heating and lights as well as indoor shades. >> the building is going to be a smart building. it's going to have all integrated features. so, it has a monitor on the roof that knows where the sun is. as it gets warmer or colder, it heats and cools the building. as it gets lighter, shades can go up or down to make sure that you're not over using any kind of heat or air conditioning, but as it gets darker the shades can go back up. the lights inside the building self-adjust depending how close they are to the light sources outside, how light it is, how da
those fund to begin to fund our local investment and energy efficiency and renewables. these are some of the leaveers how you would to the financials we have talked about. >> strike a balance between maximizing dollars for build out or what the rates are going to be in terms of customers? >> right. you can do a mix. you can take that just using this example on robust renewals mix. you can take that and refund some of it in setting the rate, assuming a lower cost resource portfolio, so the program over all cost are lower, set the rate a little bit lower reflective of that but don't set it at $2.7 million because you won't have funds to dedicate to local investment fuchlt set the rate at the reflective of the lower cost of the resource portfolio because the mix is different. every month i'm taking more than i'm spending, therefore i can afford a bond that will fund a local investment into energy efficiency and local generation components. >> thank you, commissioner. >> thank you. i think this discussion gets us probably the more real choice we are going to have to make in the next sever
county efforts that we want to make sure we incorporate. we talked mostly to date about the marin energy authority program and the differences between that program and ours. just quickly for purposes of review, it's mostly differences associated with the resource mix just like we're going to talk about today. the fixed costs for operating their program, their program design. their program does not include an additional low-income discount. our program does. so, we have additional subsidies and costs that we need to cover. and it does not repay any of their start-up costs. our program does. they have a very distinctly different customer base than our san francisco program opportunity. they have a greater number of large users than commercial customers. they are also serving their municipal, for example, their municipal government throughout the county. our program does not include our municipal services because we provide service to the municipal government through our hetch hetchy power program. and the market prices for the power that they've procured are different in that they executed
changer. and the opposite of all that, government plan green energy. think of slwe cylindra. i'm kudlow. we'll be right back. but no way we're going to let them die. ♪ . effective deadline until at least labor day. the statutory debt limit will be reached in just a few days when it expires on may 18th. but because of the extraordinary measures that are available and the cash flow that we now can predict, it will be not until at least after labor day. >> all right. call it the deficit game changer, thanks, in part, to odama's tax hikes, which i think are going to slow the economy. i don't like that one bit. fortunately the gop's sequester cut also has held this down. the federal deficit is falling faster than anybody expected. meaning as secretary jack lew said, the debt limit won't be reached until september. by forecast, it will be later than get get this, uncle sam's budget gap is $231 less than a year ago. how will this amount ter debate in washington? we are back. the good news is the deficit is doming down coming down. my opinion is a lot is from tax hikes. one time. i do like th
of citizenship is so sorely needed there. and i think of what your generation's traites, compassion and energy and a sense of selflessness might mean for a democracy that must adapt more quickly to keep up with the speed of technological and wrenching economic change. i think object how we might pert wait this notion of citizenship in a way that another politician from my home tate once described patriotism not as short out burst of emotion but the steady dedication of a lifetime. that's what patriotism is. that's what citizenship is. now i don't pretend to have all the answers. i'm not going to offer some grand theory on a beautiful day like this. you all have celebrating to do. i'm not going to get partisan either because that's not what sid hip is about. i'm asking the same thing president bush did. america needs more than taxpayers, spectators and occasional voters. america needs full-time citizens. and as graduates from a university, as graduates from a university who is motto is education for citizenship, i know all of you get that this is what you signed up for. it's what your country e
to create a fusion reaction in the lab in hopes of developing a nearly unlimited supply of clean energy. but after 14 years, and over $5 billion, there's a shakeup in the management. amy, let me ask you, why is what they're trying to do there so hard to achieve? >> nuclear fusion, which is what they're trying to do, is one of the sort of holy grails of science. it's something generations of physicists have tried and failed to do. from a science perspective, this is an incredibly cool operation. they are directing 192 lasers. collectively, this is the world's largest laser, at a single capsule the size of one peppercorn. i love that. the idea is that if you can do this right, for one fraction of a second, you would create such heat and such pressure on this capsule, that hydrogen, a capsule full of hydrogen, the hydrogen atoms would fuse together. this is nuclear fusion. not to be confused with nuclear fish shon that happens at power plants every day. this is a difficult thing to do. >> what makes it so difficult? >> the hardest thing is getting perfect symmetry. what they want is for th
about the interest there is in the build out of renewable energy that this program that will lead to and years to come. i think we do have some differences about how quickly that build out can happen. we have a great interest of both public utilities commission and sflafco and that would lead to jobs and cleaner air for years to come. we'll have some discussion today about what our plan currently is and what it can be in the immediate future as well. we'll see the mic to our colleague. director of public utilities commission. any opening marks? >> none. i'm glad to be had been with my colleagues. >> great. that was item no. 3 and we can move on to next item no. 4. >> public comment members of the community -- on matters within the respective jurisdiction and not today's agenda. >> we'll have definitely opportunity to speak on agenda items as they come up today. this is about public comment. anyone would like to talk publically about any item not on the agenda is welcome to do so at this time. okay. seen none come forward we close general public comment and we are going to hear it
: so we could be a better, safer energy company. i've been with bp for 24 years. i was part of the team that helped deliver on our commitments to the gulf - and i can tell you, safety is at the heart of everything we do. we've added cutting-edge safety equipment and technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all our drilling activity, twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. safety is a vital part of bp's commitment to america - and to the nearly 250,000 people who work with us here. we invest more in the u.s. than anywhere else in the world. over fifty-five billion dollars here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> the benghazi scandal, new attack against former secretary of state hillary clinton, unlikely ally? how the more man church may have helped the fight for marriage equality. and then women and technology, a new effort to show how women are blazing the trail. those are today's topi
the stage. >> there are certain parts of the world that use a ton of energy. along with that, 25% of the world's population doesn't have electricity at all. but enough solar energy hits the earth every hour to supply the entire world's energy needs for a year. so we need to design tools that can capture all that sunlight that's hitting earth. or capture all that wind power that's sitting out on the gulf of maine. we need to-- wait for it-- revolt. >> reporter: hill handed the students an ambitious assignment to fulfill by the end of the project. >> you're going to create a device that captures natural energy and transforms it into something that's useful for people in some part of the world. >> i was like, i can't do that. >> reporter: taking all this in was liva pierce. >> that's way too much. i don't know the first thing about electricity. i don't know the first thing about windmills. i am totally going to fail. >> i was like, there's no way that's going to happen. first of all, i can't build anything and i've never handled a screwdriver in my entire life or an electric drill--
if we have built up to a reputation as the leader for a fight for clean energy and from fossil fuel to clean energy. thank you for taking the time to do that and we appreciate the work you are doing. we are really concerned the rates are still too high and i encourage to you discuss that. no one is turned off by this program because this is a discussion for the rates. all of people will eventually be part of this program. if we lose them in phase one. they will probably not go back to us. we would like ninety percent of the residential ue customers to come to this program. thank you very much. >> hello, i'm a 50 year san francisco resident and have currently operating 3 different companies here in the san francisco bay area currently employing 65 people in all clean energy wefrment currently building out a little bit over 3 mega watts with clean energy resource by the end of this year in san francisco and very active in the go solar program and very spupt supportive of the program here as well. i would like to offer suggestions for jobs and create additional fundings for the buil
security project, secretary mabus spoke about the navy school and getting half of its energy from alternative fuels by 2020. this is 40 minutes. [inaudible conversations] >> good afternoon. dominant women of united states navy are incredibly well prepared. incredibly well-informed, mission driven bunch and they know how to execute many operations with perfect planning and precision-guided by intelligence so it's a complete menace mystery to me how they allowed an army veteran teacher in today's their boss. it's in all seriousness it's a great honor to walk on the 73rd secretary of the navy -- navy ray mabus. his career in government and public service is incredible. from his own service as a seaman of the navy and his service to the government of mississippi to his incredible work in the reconstruction of the gulf coast following the horizon oil spill. now to his eye would say it's fair to say his visionary leadership of secretary for native states navy. that leadership is manifested itself in many ways but we are especially excited by his leadership in energy security and the nav
by the department of energy and i support thuous us chief technology officer todd park who is not the cto, but assistant to the president. >> and i'm peter hirschberg, run publicly a dozen hack-a-thon, [speaker not understood], build apps and explore what's possible. >> i'm chris, the co-founder and ceo of 100-plus and we use data from many different sources to try to help people be more healthy in their daily life. >> hi. [speaker not understood]. we're a mapping and location-based analytics platform. and we are working with open data and trying to see how we can turn data into information, data into knowledge, and the kind of decision products. >> hi, i'm john, ceo of motion loft. we're trying to understand how people move around cities and provide that data to the public to build new tools for public safety. >> hi, i'm [speaker not understood] with code for america. we're a peace core for geeks. we're trying to bring talent from the private second for and government to innovate. we work with dozens of citieses across the country and next year we should be working with san francisco whi
a feed-in tariff published. we can work with our cca customers to get them enrolled in energy efficiency programs as we're developing new ones. and we can also issue an rfp early on to see apart of a survey that's out there and what kind of interest there is in building out some new, probably smaller projects at first. do you have any questions about this timeline? >> yes, i do. i don't know why everything is starting to late. >> late? >> why wouldn't we start a lot of this stuff, you know, today, that energy metering in a substantive way, feeding tariff programs, you know? there's even some of the c-e-q-a stuff if need be. >> the net metering and the feed-in tariff, we can't purchase power until we can sell it to the customer. so, it would have to be concurrent with the launch of the -- providing [speaker not understood] to the customers. >> i don't want to kind of get in the weeds of it. i guess what's behind all this is my sort of anxious us in to really get this rolling and -- >> i know. >> and whether this is a place we can leverage hetch hetchy power, for example, or i mean, i unde
opportunities that could exist and leading the way for providing clean energy? san francisco and what that does for the environment and i want to make sure we are looking at every single issue as it relates to job opportunities and for those persons who maybe the industry may change or not exist anymore and we are not just ignoring that sector. thank you. >> thank you, commissioner court -- >> thank you. these jobs are coupled together. supervisors breeds comments and supervisor avalos, i don't think they would suffer some job loss, but i think the key is whether there is a net job loss or net job gain. i'm hoping we'll have a robe us discussion about exactly what that build looks like and how we plan to pay for it and how many jobs are gained by the cca and the roll out that we have been discussing for several months. >> thank you. commissioner victor? >> yes. i just want to respond to the comment that torres said about the the job question and this goes back to hearing the survey because there is a question about the roll out and there is an appetite for a local build out that would generat
of the "newsline." i'm catherine kobayashi in tokyo. do stay with us. maybe you have some energy- saving appliances, like an energy star-rated washer and dryer. but what about your tv? chances are it's on more than your washer, dryer, and kitchen appliances combined. did you know that if half of us in the u.s. replaced our regular tvs with an energy star model, the change would be like shutting down a power plant? you can find the energy star on everything from standard to high def to the largest flat-screen your heart desires. ow that makes sense. >> "california's gold" is produced in association with kcet los angeles and is seen statewide on california public television. this series is endorsed by the california teachers association, the california school boards association, and the california library association. >> is it possible to drive a car and still have a clean environment? to refine a cleaner gasoline? to build a bridge from oil to renewable energy? could business go further and be a force for good? can 100,000 people in 100 countries come together to build a new brand of progress? we th
last and it has lasted and there's plenty of energy left with serious reforms to help drive the economy forward to toggle these long-term issues and answer concerns about immigration. there was a big immigration bill and so on. the overall message is government is on people's side. it has a big program of reform and they will continue to drive that through. >> in 2010 things have changed and we would see growth and the economy reviving. what we haven't seen is that happening and growth has flat wind and people are unemployed and people unemployed saying unemployed for longer and what we didn't see has anything to tackle youth unemployment, and consumer issues around the cost of living, little about housing whether it is the private sector or a building a house people need and that is a great missed opportunity. >> the measures on immigration, seems to be few of these measures are the focus of the next general election but there will be people who find they were the result of pension changes and protection for their savings if they need social care and a little easier to get child care a
and country to provide the help needed to address the nation's energy by unemployment, sluggish economy, and i appreciable in this to work with me on that. as chairman i work with you and all our witnesses for appearing before the subcommittee and look forward to the opportunity for questions. >> let me a give an overview of where we are, we have a 12:00 vote, it is 10:45. we do six minute rounds. order of arrival and side to side, if any colleagues would like to make an order brief on the order of one minute statement i would be happy to entertain and. your testimony will be made part of the record in its entire league. >> thank you, members of the committee. it is an honor, i look forward to future years when i have a hand in creating it. and i am enjoying it so far. i recognize my colleagues, and willingness to stay to the end of june because i'm doing as much as i can to tap his wisdom, we have been incredibly helpful to me as well and continue to be -- is helpful to have a business background at this time in government. i will do a glancing blow at sequestration. i can't not express that
the issues the country faces. the economy is still weak, energy shortages have also been a headache. long queues to buy gasoline are routine, and widespread power cuts have plagued the country. many people have had enough. >> translator: i got here at 7:30, and it's 11:30 now. it looks like i've still got a long wait ahead. politicians just haven't addressed the energy supply issue at all. >> reporter: but the path toward change has been marked by violence. experts say finding a way to improve the security situation is the election's biggest issue. >> that's the biggest challenge to me is extremism, terrorism. without peace you can't think of economy, you can't think of normal schooling, health care, when your schools will be destroyed, your hospitals will be destroyed. this country needs peace so that people are willing to invest, then there will be investment, only then cities will get more job opportunities. first and foremost this country needs to address this challenge. >> reporter: the need for security and a less violent pakistan is clear to all. but changing demographics are playi
at the fire department. so thank you to my colleagues for your support of this initital kinetic energy plus initial potential energy i.e. and thank you for the time. >> >> roll call for this item? >> (roll call vote) there are eleven ayes . >> ordinance is passed on first read. >> item 14. item 14, ordinance authorizing the public utilities commission general manager to enter into a long-term interconnection agreement with pacific gas & electric to connect with a small renewable energy project, et cetera. >> colleagues can we do this, same house same call? without could bejection this ordinance is passed on first reading. item 15. >> item 15 resolution declaring the intent of the city and county of san francisco to reimburse certain expenditures from proceeds of future bonded indebtedness authorizing the director of mayor's officing of house to submit an application and related documents to the california debt limit allocation committee to permit the issuance of residential mortgage revenue bonds in an aggregate principal amount not to exceed $25 million for western park apartments.
and to contribute to enhancing the safety of nuclear energy. >> prime minister abe reached a new agreement earlier this week with the united arab emirates following a visit to saudi arabia. he says his tour succeeded. he knows they now cover a wide range of issues, including economic issues, security and culture. the potential of the middle east region is indispensable for japan's growth. >>> one of the last remaining symbols in north korea has been shot down. the workers have left the kaesong complex in north korea. the workers that stayed behind so they could negotiate wages the north demanded, they returned home on friday after $13 million in cash was brought in across the border. last month, 53,000 north korea workers left the complex as tensions between the two countries reached a high point. government officials in seoul decided to pull out the hundreds of south korean workers after the north refused to discuss a resumption of operations. authorities in pyongyang have restricted entry to kaesong several times in the past. but this is the first time all south koreans have left since joint ope
. when ordinary energy is put in the hands of extraordinary people, amazing things happen. the kind of things that drive us to do more, to go further, to be better. we're dedicated to being a company you can count on, because you've always been customers we believe in. your energy plus ours. together, there's no limit to what we can achieve. >>> tomorrow, make the most of your day with abc morning news. trafficki traffic alerts and drive time starts at 4:30. >> ray long with my forecast to plan your day. >> don't miss. all tomorrow an "abc news." >>> a wild pursuit incident. 45-year-old matthew stole a truck and trailer from the walmart parking lot and began driving erratically smashing vehicles along the way. note this trail of destruction. he plowed the fence of one home and gunned it to three others and tried to run down a motorcycle officer and was arrested after he crashed into a budget inn and tried to run away. all this damage, thankfully no one was hurt. >>> not the case at the weekend game. the dodgers giants stadium always heated in the stands. here's saturday's game at at
are maximizing their participation in existing energy efficiency programs. meanwhile, we're also at our desks developing new programs for energy efficiency. we are -- they already know how much we will pay them for any small-scale renewable electricity that they already have operating on their roofs or that they have invested in, but that they're not consuming at their home. that's the net energy metering part of the program. day one, that tariff is available to them. same thing for the go solar s.f. program. they can take advantage of the go solar s.f. program from day one. feed-in tariffs, also a published tariff available to them on the day the program begins to enroll customers. meanwhile, we're also pursuing other activities associated with the larger scale renewables where we need to do some more development and design work and c-e-q-a work before we can actually bring projects on board. that's what you see reflected in years one, two, three, and deliveries happening in two, three, four, right? and the market purchases, that's happening from day one. and then we have that series of ongo
in the collapse of the energy giant. meanwhile, americans spend roughly $10 billion on the favorite energy drinks last year. according to beverage die jest, a 12% jump from 2011. monster dominated with 38.6% of the market share. the u.n. environmental agency forecasts the global market for green product and services to turn into a trillion dollar business. a $2 #.2 trillion business by 2020 to be exact. now we continue our "countdown to the closing bell" with liz claman. ♪ liz: welcome to jo. all right, jo, great to have you on board. home improvement stores getting a boost today. nicole? >> on yet another record-sets day here on wall street, liz. names in the home improvement realm, looking first at home depot, up a half of 1%. this is hot and has been for some time, but we're looking at an another one, lowe's, at an all-time high as well. we had five consecutive record closes here, see whether or not we clock in for the s&p 500, but the two names doing particularly well, and isi group had a buy rating on lowe's and talking about productivity in that improving, and seeing that margins could go
energy into that because we can uplift them for such install amounts of money and get them to be self-sufficient and get the economies to be table. and i hope that the younger generation starts at an earlier age than i did big about these things, whether it's full-time work or part-time. or even volunteer activity. there's so much that can be done. >> bill, warren, what do you think? >> well, when bill talks about full-time, he means full-time. and bill, bill is putting in a back-breaking schedule around the world in terms of attacking these problems and i really, i salute him for that and he's done a great job. also, of enlisting government's aid in the endeavor. so when you've got people like bill working at it. that's great for humanity. >> that's why we've given the challange to them. wake forest is coming up. and let's get to undergrad and both of you have been interested in education, but, bill, looking at what's going on in the landscape right now, what is your best advice to parents who right now are struggling very hard to help their kids, a, to decide what college to send th
sectors. many like energy and my next guest is one of them. darin, welcome. you say that despite the global highs, numbers i was just looking at, the s&p 500, you see we need to be a little cautious about the market. why do you say that at this point? >> on the overall market, one of the first things i learned on wall street, don't fight the fed. i'm looking around the world and to be in stocks, hard assets is the place you want to be. when i look at being cautious moving into hard assets, looking at ways to move out of stocks but be producing assets like u.s. energy infrastructure makes sense right now. >> let's go to some things that you like. master limited partnerships, very good tax advantages and nice dividend yeedz. this is legacy reserves. why do you like this one? actually, if you look at the year to date charts, it's a vulnerable chart. why do you like this one at this point? >> it's on the energy side of it. right now it's an energy producing m.l.p. which means it owns energy assets. instead of it being massive limited pipelines, it's on the production side of the busi
energy is put in the hands of extraordinary people, amazing things happen. the kind of things that drive us to do more, to go further, to be better. we're dedicated to being a company you can count on, because you've always been customers we believe in. your energy plus ours. together, there's no limit to what we can achieve. >> reporter: it's been more than four years since friends discovered travis alexander's crumpled up body. >> jodi arias killed travis alexander. there is no doubt about it. the million dollar question is what would have forced her to do it. >> after telling two different stories about her innocence, jodi now admitted under oath that she was the killer. >> reporter: she pled not guilty. self defense. that she was forced to kill travis. >> in just those two minutes, jodi had to make a choice. she would either live or she would die. >> the death penalty case, you want sympathy. >> reporter: the defense's explanation was to blame the victim. >> that's what they have to do in a self defense case. >> they have to blame the victim. they're saying, look, he was attacking me
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of the equation. cable cars were a lot more energy efficient. they were very popular in cities all across the united states, including chicago. and they really took over in san francisco because cable cars could climb hills were horses couldn't, opening up development in parts of the city where before there hadn't been any. but cable cars had their drawbacks, too. a cablecar can only go nine miles an hour, as fast as the cable under the street pulling it. cables have a hard time pulling backwards, changing direction, investing in the infrastructure to put the cable in the street is very costly. so you have a lot of upfront costs. if a company wanted to run just one cable car, they had to start up the power house to get the cable car rung through the street. so it energy efficient issues as well. this is an interest street car. that was the new modern, exciting form of transportation. it was very energy efficient. each street car only used enough energy from the wires that it needed. it didn't have to run a power house. people were a little scared of them at first. the technology was a lit
button? ♪ now you can give yourself a kick in the rear! v8 v-fusion plus energy. natural energy from green tea plus fruits and veggies. need a little kick? ooh! could've had a v8. in the juice aisle. >> pelley: republican governor chris christie of new jersey has been battling obesity for years. today he revealed that he secretly had surgery in february to help him lose weight. a band was placed around his stomach to restrict the amount of food that he can eat. he insists this was not about slimming down to run for president. >> my decisions about anything to do with my career are based upon what i think is best for me and best for my family. you know, whatever size i happen to be when i have to make decisions about what to do next with my career, i doubt that will play any role or effect in what i decide to do. >> pelley: he is 50 and is running for a second term as governor. filmmaking pioneer ray harryhouseen died today. he was a master of special effects who helped create the ape in might owe joe young. he photographed clay characters a frame at a time to create the illusion of m
and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the united states' desire to maintain free access. the best way of avoiding that military conflict is what we should see because the military conflict with china would be catastrophic for both nations, indeed for the whole region. so, we want to avoid that. i believe the best way of avoiding that is by maintaining a -- continuing to maintain a strong naval presence in the region, and by having an unambiguous commitment to doing that. i believe that our new national security strategy is that unambiguous commitment, and i believe that the u.s. navy is capable of mai
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